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Stock Market & Financial Investment News

News Breaks
May 2, 2014
06:18 EDTHLFU.S. probing Herbalife traders, NY Times says
The federal government is probing traders on both sides of the Herbalife bet, according to The New York Times. The FBI and the SEC are investigating whether the traders engaged in insider trading, disclosure violations and market manipulation, the newspaper indicated. Reference Link
News For HLF From The Last 14 Days
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May 19, 2015
12:16 EDTHLFFTC, states charge four cancer charities as shams
The Federal Trade Commission and 58 law enforcement partners from every state and the District of Columbia have charged four sham cancer charities and their operators with bilking more than $187M from consumers. Named in the federal court complaint are Cancer Fund of America, Cancer Support Services, Children’s Cancer Fund of America and The Breast Cancer Society. Shares of Herbalife (HLF) and Lumber Liquidators (LL) weakened intraday yesterday as speculation circulated about whether either of the companies would be the target of the FTC's announcement today.
May 18, 2015
12:12 EDTHLFHerbalife dips after FTC says to announce 'major consumer fraud' case
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